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Zinc: chinese production falls in March
Chinese production of refined zinc fell on both a year-on-year and monthly basis in March, as the COVID-19 outbreak disrupted the transport of raw materials. China's largest zinc smelters produced about 423,000 tonnes of the metal last month, down 0.7% year-on-year...
FerroAlloy: the raw material shortages and HBI costs hit Italian steel companies
According to the monthly report released by Assofermet, Italian demand for hot briquetted iron is falling due to skyrocketing prices since the start of the war in Ukraine. High HBI values have made the raw material uncompetitive compared to scrap. The supply of...
Steel: ArcelorMittal Kryvyi Rih decreases production in March
ArcelorMittal Kryvyi Rih (AMKR) has decreased crude steel production in the first quarter due to the plant's closure in March after the Russian invasion of Ukraine. Steel production fell 22.5% year-on-year to 930,000 tonnes. Production of pig iron fell 27% to 1...
Palm oil: price slows on lacklustre export prospects
After peaking in March 2022, prices fell sharply (-14.50%), with investors' attention shifted to data that signalled a decline in export shipments. Exports of Malaysian palm oil products for April 1-10 fell 20.7% compared to the same period in March. Exports this...